Bernstein sees Bitcoin reaching $500,000 by 2029 while cutting Strategy’s target to $350 on faster equity dilution.

Bernstein analyst Gautam Chhugani forecasts Bitcoin at $150K by mid-2027 and $300K by 2029, citing institutional ETF demand and currency

Bernstein expects bitcoin to reach $150,000 by mid-2027 in its base case, before reaching a cycle peak of around $300,000 in 2029.